Now that your customer has been invoiced for your services or products the next step is to have them provide payment. That is the name of the game and this is the hard part. Although your customers are honest and trustworthy, getting them to pay sometimes can be a chore, and the easier it is, [...]
Business today is frantic. It’s easy to get distracted by the latest emergency that hits your inbox.
It’s important to remember that someone else’s lack of planning is not always your emergency. Even if their situation really is dire, and even if it directly impact’s you, your best course of action may be to put that [...]
What is a lockbox?
A service offered by banks to companies in which the company receives payments by mail to a post office box and the bank picks up the payments several times a day, deposits them into the company’s account, and notifies the company of the deposit. Data entry clerks at the bank manually [...]
When it comes to business invoices can be your best friend, but also your worst enemy. In an ideal world, invoices would get generated for services or products your company has provided and the customers would pay them. Sounds simple, right? The reality is there is a large amount of time, effort and ultimately money, [...]
Why are we having a tasty Turkey Dinner only once a year, on Thanksgiving? For the same reason why we run yearly reports once a year, at the end of the year. They have too much complexity, it takes too much time to prepare them and then to consume and analyze. We don’t need such [...]
